About this resource
Introduction
The NRAS Incentive is indexed according to movements in the Rents component of the Housing Group Consumer Price Index for the year, December quarter to December quarter as at 1 March, using the weighted average rate of eight capital cities housing component, and is effective from 1 May.
Incentive values for 2023–24 and 2024–25 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.
NRAS Incentive values
2024–25 NRAS Year | ||
|---|---|---|
Year | Contributed by | Amount |
| 2024–2025 | Australian Government Contribution | $9,347.42 |
| State/Territory Contribution | $3,115.81 | |
| Total | $12,463.23 | |
2023-24 NRAS Year | ||
|---|---|---|
Year | Contributed by | Amount |
| 2023–2024 | Australian Government Contribution | $8,711.48 |
| State/Territory Contribution | $2,903.83 | |
| Total | $11,615.31 | |
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Resource details
Date published: 25 Mar 2024
Last updated: 28 Nov 2024
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DSS1921 | Permalink: www.dss.gov.au/node/1921